Money investment
Investments are something you buy or put your money into to get a
profitable return.
The various assets owned by an investor are called a portfolio.
As a general rule, spreading your money between the different types of
asset classes helps lower the risk of your overall portfolio under
performing – more on this later.
If you’ve got plenty of money in your cash savings account – enough to
cover you for at least six months – and you want to see your money grow
over the long term, then you should consider investing some of it.
The right savings or investments for you’ll depend on how happy you’re
taking risks and on your current finances and future goals.
Also, you’ll notice that this goal doesn’t recommend selling your
investments. Rich people don’t sell-off their assets for spending money
-- if they did, they wouldn’t be rich for long. They stay rich because
their assets provide enough cash flow to support their lifestyle. And
these cash-producing assets, through careful estate planning, can be
passed down from generation to generation.
Enjoying your twilight years by living off your investment income -- and
having something left over for your loved ones or a charitable
organization -- is something that all investors should aspire to. It may
not be possible for everyone, but it’s the right attitude. 98048
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